Market Infrastructure

Capital / Liquidity

India Announces Support for Banks in Budget for New Fiscal Year

By Editors | 02/02/2021

The budget includes the establishment of a ‘bad bank’ to take over banks’ bad assets and a plan to inject INR 200 billion into state lenders.

Market Infrastructure

HKMA Drafts Guidance on Operational Continuity in Resolution

By Editors | 01/02/2021

Operational continuity in resolution is a key aspect of resolution planning for individual banks, the HKMA says.

Market Infrastructure

UPDATED – KPMG Appointed to Review RBNZ Data Breach Response

By Editors | 01/02/2021

The review will seek to understand the events leading up to the breach, assess the appropriateness of the RBNZ’s response, and identify factors that contributed to the breach.

Market Infrastructure

FSC Korea to Tighten Debt Service Ratio Rules in Q1

By Editors | 01/02/2021

The accumulation of excessive debt may pose a risk to the economic recovery, the FSC said, pledging to introduce measures to rein in household and corporate debt.

Big Picture

Asset Price Correction Could Jeopardise Financial Stability: IMF

By Editors | 31/01/2021

Policymakers should be prepared for the risks of a market correction as complacent investors bet on continued policy support and drive up valuations, the IMF warns.

ESG / Sustainability

FSC Korea Outlines Additional Green Finance Initiatives

By Sanday Chongo Kabange | 29/01/2021

The FSC plans to draw up a climate risk management and oversight plan for FIs by March and develop a green taxonomy within H1.

Market Infrastructure

Legislative Advisors Advocate Merger of Shanghai Financial Markets

By Editors | 29/01/2021

Under the proposal, a holding group would comprise the SSE, CFFEX, various securities depository and clearing companies, and a new options exchange.

Big Picture

More Central Banks Advancing CBDC Work: BIS Report

By Manesh Samtani | 29/01/2021

CBDCs need to be linked to a digital identity in order to be useful in achieving financial inclusion, said BIS general manager Agustín Carstens.

ESG / Sustainability

Singapore Taskforce Proposes Taxonomy for Identifying Green Activities

By Editors | 29/01/2021

The taxonomy draws on the theoretical underpinnings of the EU taxonomy and proposes a traffic-light system which sets out how activities are classified.